STAGWELL ACQUIRES BRAND NEW GALAXY
Stagwell, the challenger network built to transform marketing, announced the acquisition of Brand New Galaxy (BNG), a leading provider of scaled commerce and marketplace solutions for over 150 global brands and 500 e-retailers worldwide.
With 600 experts across Europe, MENA, and the United States, BNG adds deep, digital-first specialization in connected commerce solutions, scaling Stagwell's broad e-commerce capabilities to service more complex global clients. BNG has served as a partner of Stagwell via its Global Affiliate Program since 2021 and is the first acquisition Stagwell has made of one of its affiliates.
“We are pleased to welcome Brand New Galaxy to the Stagwell platform, expanding the reach of our global e-commerce offerings. Their state-of-the-art e-commerce and digital transformation technology is another reason clients are choosing Stagwell over traditional holding companies,” said Mark Penn, chairman and CEO, Stagwell.
BNG will join the Stagwell Media Network, a global community of leading omnichannel agencies that collaborate to deliver future-facing solutions driven by digital, data, technology, and media expertise. In addition to complementing Stagwell's data-led digital transformation capabilities, BNG offers a range of tailored solutions for accelerating end-to-end multimarket commerce, based on international insights that translate into local market opportunities.
"It is incredibly exciting to welcome Brand New Galaxy and their leadership teams to Stagwell Media Network," said James Townsend, global chief executive officer of Stagwell Media Network and its global media agency, Assembly.
"Their deep and extensive expertise in all things connected commerce sits in perfect complement to our growing portfolio of omnichannel media agencies. The addition of BNG is the natural and front-footed next step for our network to further empower the modern marketeer with more cohesive and integrated solutions across the marketing services spectrum."
As part of Stagwell Media Network, Brand New Galaxy will continue to go to market under the BNG brand as well as collaborate with other members of the Stagwell Media Network.